๐จ๐ฅ URGENT ALERT: $EIGEN /USDT POISED AT A DECISIVE LEVEL โ BIG MOVE INCOMING! ๐ฅ๐จ
The $EIGEN /USDT chart shows a recent recovery from its low at 2.276 USDT, with a push towards 2.404 USDT. However, the market momentum is at a crossroads, as traders brace for either a continuation of this rebound or a potential pullback.
๐ก CRITICAL Levels to Watch NOW: ๐ก
๐ง Resistance Zone: 2.467 USDT โ This is the key level to break for any continued upward movement. A successful breakout above 2.467 USDT could invite more buying pressure, potentially driving the price towards the next target of 2.520 USDT.
๐ Support Zone: 2.276 USDT โ This level has proven to be strong support. If the price dips back and breaks below 2.276 USDT, expect a possible decline toward 2.250 USDT or lower. This support is crucial to maintain the recent upward momentum.
๐ TURNING POINT โ WHATโS THE MOVE? ๐ฎ
โ ๏ธ Bearish Breakdown Alert: If $EIGEN /USDT fails to maintain its current levels and drops below 2.276 USDT, brace for further downside. A breakdown could accelerate selling pressure, likely pulling the price towards 2.250 USDT and even lower.
๐ Breakout Potential: On the flip side, if EIGEN manages to push above 2.467 USDT, thereโs a high probability for a sustained rally. This breakout could lead to gains toward 2.520 USDT and set the stage for further bullish moves.
Recommendation: Traders should consider entering based on a confirmed breakout above 2.467 USDT for long positions or a breakdown below 2.276 USDT for short positions. Ensure to use stop-loss strategies given the high volatility.
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